I often get asked about crypto. My response often surprises people: I don’t spend a lot of time thinking about it.
That might sound odd given crypto’s massive popularity (though many holders are no doubt regretting their buys these days, given the swan dive Bitcoin and its ilk have been on).
Nope, I avoid Bitcoin because I am interested in dividend income. And you won’t find any of that in crypto. Plus it’s far more volatile than we’d like. All of this is why, when we want tech exposure, we look to CEFs holding top-quality tech stocks. (I’ve got two funds for you that hold some of the very best techs out there—and pay rich 7.7%+ dividends, too.)
This post originally appeared at Contrarian Outlook.